Statement of Financial Position at the start of the week:

ASSETS	$
Property	550,000
Office Equipment	250,000
Inventories	120,000
Trade Receivables	90,000
Total assets	1,010,000

EQUITY AND LIABILITIES	$
Equity	800,000
Short-term Borrowing	100,000
Trade Payables	110,000
Total equity and liabilities	1,010,000

Transactions:

1. Sold inventories for $35,000 cash; these inventories had cost $25,000.
2. Sold inventories for $45,000 on credit; these inventories had cost $35,000.
3. Received cash from trade receivables totaling $40,000.
4. The owners of the business introduced $250,000 of their own money, which was placed in the business bank account.
5. The owners bought new office furniture, valued at $60,000, into the business.
6. Bought inventories on credit for $35,000.
7. Paid trade payables $30,000.

Required: Show the statement of financial position after all of these transactions have been reflected.